515 May St

Waukegan IL 60085

0.11 ac.

Multi-Family

Last sold for $250,000

Katelyn Garcell, last sold this property on 11 March 2026 after 82 days on market.

Overview

Rare Opportunity in Waukegan! This unique two-homes-on-one-lot property, offers outstanding flexibility for investors or owner-occupants. Ideal for those looking to live in one home while renting the other, or for multi-generational living with separate residences on one parcel. The main home is a two-story residence featuring 3 bedrooms and 1.5 bathrooms, a spacious living room, separate dining area, and a full basement, providing excellent storage. The second home offers 2 bedrooms and 1 bathroom and is currently tenant-occupied, offering immediate rental income. A versatile property with long-term potential-perfect for expanding your portfolio or creating a smart living arrangement. Main home has new roof & siding (2025)! Schedule your showing today!

Features

5 bedrooms

2 bathrooms

4 carspaces

0.11 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Waukegan over the last 12 months, the estimated median property value of 515 May St is $250k.

Median value

$250k

Estimated value range

$215k - $312k

Median days on market

Estimated value trend

15%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Waukegan. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 515 May St

2026

Sold

$250,000

11 Mar 2026 by Katelyn Garcell, of Real Broker, LLC

2021

Sold

$105,000

16 Nov 2021 by Luisa Martinez, of Smart Home Realty

2015

Sold

$20,000

18 Dec 2015 by Nadine Pomilia, of RE/MAX Unlimited Northwest

Happy sellers in Waukegan

We have insufficient information to provide an overview of customer satisfaction for Waukegan. Viewing the agent profiles, reviews and sales for Waukegan can provide insights for this location.